Army Department June 6, 2007 – Federal Register Recent Federal Regulation Documents

Mandatory Provision of Warehouse Performance Bond by Department of Defense Personal Property Storage Transportation Service Providers (TSPs)/Contractors
Document Number: 07-2807
Type: Notice
Date: 2007-06-06
Agency: Department of Defense, Department of the Army, Army Department
The Military Surface Deployment and Distribution Command (SDDC), as the Program Manager for Department of Defense (DOD) Personal Property Storage Program, is informing the Non-Temporary Storage (NTS) Transportation Service Provider (TSP)/contractor community of the mandatory requirement to provide a Warehouse Performance Bond (WPD) coverage for all contracts/agreements in the DOD Personal Property Non- Temporary Storage Program. The cost of WPB shall be included in agreements/contracts with movers and WPB shall be used to offset costs to the DOD associated with a termination of these contracts with movers. All shipments that have been awarded up or are already in storage prior to the effective dates noted below will not be required to be covered by WPB. This notice affords TSPs/contractors ample time to incorporate the cost of providing the WPB into their rates.